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YOUR COMPANY IS LOOKING FOR GROWTH FINANCE AND BUSINESS FUNDING SOLUTIONS!

You've arrived at the right address! Welcome to 7 Park Avenue Financial

Financing & Cash flow are the biggest issues facing business today

ARE YOU UNAWARE OR DISSATISFIED WITH YOUR CURRENT  BUSINESS FINANCING OPTIONS?

CALL NOW - DIRECT LINE - 416 319 5769 - Let's talk or arrange a meeting to discuss your needs

EMAIL - sprokop@7parkavenuefinancial.com

Growth financing options in Canada are 'top of mind' for most business owners and financial managers, especially in the small to medium-sized segment in Canada ('SME COMMERCIAL FINANCING'). So what type of funding is available and how do business folks address the timing needs of those challenges.

For a business to grow, let alone survive in Canada typically comes back to three key elements - the ability to generate a profit, throw off cash, and have access to working capital. The inability to over time address all those issues will always come back to business survival. We only need to read the Globe & Mail or National Post to document those companies that eventually disappear based on their inability to address those business financing challenges. There is somewhat of an irony that many firms are in the stages of good growth when their finance options disappear.

So when it comes to growth financing there are some key basics, and one of them is your firm's ability to manage inventories and receivables and the use , and acquisition of fixed assets as you are growing.

In the case of inventory management its all about having the inventory and supplies and assets on hand to service clients, who at the same time are often demanding credit terms.

Not all business owners and their financial managers truly comprehend the fact that as your business grows you are often more eligible for growth finance options. The reality is that your firm pays its obligations, your customer pays your firm so there is some business funding, but generally not enough!

Payables and the management thereof is a key way to manage cash flow, so working with key suppliers on your own extended terms is a great source of cash. The key to that is of course maintaining proper relationships with key suppliers, who might infer you are willing to pay or verging toward slow pay status. The reality is that whether your firm is doing great or experiencing challenges some measure of external 3rd party funding is required by your business.

If your firm is experiencing more severe financing challenges the ability to accelerate cash flow internally is key, so sales and inventory and account receivable relationships must be monitored very carefully.

Most of Canadian business associates use Canadian chartered banks as the prime delivery source for business funding. However many companies cannot access some or all of the bank credit they need.

Alternatives To Bank Financing In Canada

What firms can deliver alternatives to bank financing and what solutions are available to new business capital and cash flow?


Those alternative business financing solutions include:


Accounts Receivable Financing

Asset Based Lending - Non-bank business credit lines

Sale-leaseback / bridge loan strategies

Tax Credit Monetization

Unsecured cash flow loans

Short Term Working Capital Loans


It is safe to say that these solutions are available from a variety of non bank commercial finance firms. True success comes when you determine what you need and when you need it, and from whom!


Speak to a trusted, credible and experienced Canadian business financing advisor with a track record of business financing success, who can assist you in determine solutions to growth finance.

Stan Prokop